ROLE OF INSTITUTIONAL QUALITY FINANCIAL DEVELOPMENT AND INDUSTRIALIZATION IN HUMAN DEVELOPMENT OF SELECTED ASIAN COUNTRIES

http://dx.doi.org/10.31703/gssr.2022(VII-IV).10      10.31703/gssr.2022(VII-IV).10      Published : Dec 4
Authored by : Najeeb Muhammad Nasir , Nasir Ali , Tanvir Farooq Khan

10 Pages : 89-96

References

  • Abubakar, S. (2020). Institutional quality and economic growth: evidence from Nigeria. Afr. J. Econ. Rev. 8(1), 48–64.
  • Alexiou C., Tsaliki P., Osman H. R. (2014). Institutional quality and economic growth: empirical evidence from the Sudanese economy. Econ. Ann, LIX(203), 119–137.
  • Barro, R. J., & Sala-i- Martin, X. (1997). Technological diffusion, convergence, and growth. Journal of Economic Growth, 2(1), 1–26. https://econpapers.repec.org/RePEc:fth:yalegr:735
  • Bende-Nabende, A. and J. L. Ferd (1998). FDI, Policy Adjustments and Endogenous Growth Multiplier Effects from a Small Dynamic Model for Taiwan 1959-1995. World Development, 26,115-130.
  • Ekanayake, E. M., & Thaver, R. (2021). The Nexus between financial development and economic growth: Panel Data Evidence from developing countries. Journal of Risk and Financial Management 14, 489.
  • Federek, j., & LuIZ, J. (2006). Infrastructural investment in long-run economic growth: South Africa 1875–2001, World Development, 34(6), 1037-1059, DOI:10.1016/j.worlddev.2005.11.004
  • Gorg, H., & Greenway, D. (2004). Much ado about nothing? Do domestic firms really benefit from foreign direct investment? World Bank Research Observer 19, 171-197.
  • Hamdi, H., & Hakimi, A. (2021). Trade openness, foreign direct investment, and human development: A Panel Cointegration Analysis for MENA Countrie. T he International trade Journal, 36(4, 4-12. DOI:10.1080/08853908.2021.1905115
  • Hermes, N., & Lensink, R. (2003). Foreign direct investment, financial development and economic growth. Journal of Development Studies, 40(1), 142– 163. https://doi.org/10.1080/00220380412331293707
  • Hirschman, A. O., & Lindblom, C. E. (2007). Economic development, research and development, policy making: Someconverging views. Behavioral Science, 7(2), 211– 222. https://doi.org/10.1002/bs.3830070206
  • Islam, M. S., & Alhamad, I. A. (2022). Impact of financial development and institutional quality on remittance-growth nexus: evidence from the topmost remittance- earning economies. Heliyon, 8(12), e11860. https://doi.org/10.1016/j.heliyon.2022.e11860
  • Jawaid, S. T., & Waheed, A. (2017). Contribution of International Trade in Human Development of Pakistan. Global Business Review, 18(5), 1155– 1177. https://doi.org/10.1177/0972150917710345
  • Kaidi, N., & Mensi, S., & Amor, M. B. (2019). Financial Development, Institutional Quality and Poverty Reduction: Worldwide Evidence. Social Indicators Research: An International and Interdisciplinary. Journal for Quality-of-Life Measurement, 141(1), 131- 156.
  • Khan, M. A., Siddique, A., & Sarwar, Z. (2020). Determinants of non-performing loans in the banking sector in developing state. Asian Journal of Accounting Research 5, 135–45.
  • Kim, S. (1995). Expansion of markets and the geographic distribution of economic activities: the trends in US regional manufacturing structure, 1860-1987. The Quarterly Journal of Economics, 110(4), 881- 908
  • Levine, R. L. (1997). Financial Development and Economic Growth: Views and Agenda. Journal of Economic Literature, 35(2), 688– 726. https://econpapers.repec.org/RePEc:aea:jeclit:v:35:y:1997:i:2:p:688-726
  • Li, X., & Liu, X. (2005). Foreign Direct Investment and Economic Growth: An Increasingly Endogenous Relationship. World Development, 33(3), 393– 407. https://doi.org/10.1016/j.worlddev.2004.11.001
  • Marcelin, I., Egbendewe, A. Y., Oloufade, D. K., & Sun, W. (2021). Financial inclusion, bank ownership, and economy performanceEvidence from developing countries. Finance Research Letters, 46, 102322. https://doi.org/10.1016/j.frl.2021.102322
  • Radulović, M. (2020). The impact of institutional quality on economic growth: A comparative analysis of the EU and non-EU countries of Southeast Europe. Ekonomski Anali, 65(225), 163– 181. https://doi.org/10.2298/eka2025163r
  • Nguyen, C. P., Su, T. D., & Nguyen, T. (2018). Institutional Quality and Economic Growth: The Case of Emerging Economies. Theoretical Economics Letters, 08(11), 1943– 1956. https://doi.org/10.4236/tel.2018.811127
  • Olanrewaju, G. O.,Tella, S. A., & Adesoye, B. A. (2019). Institutional Quality, Financial Inclusion and Inclusive Growth: Causality Evidence from Nigeria, Economic and Financial Review , 57(3), 1-22.
  • Papageorgiou, C., Savvides, A., & Zachariadis, M. (2007). International medical technology diffusion. Journal of International Economics, 72(2), 409–427. https://doi.org/10.1016/j.jinteco.2006.09.008
  • Rahman A., Khan M. A., & Charfeddine L.(2020). Financial development–economic growth nexus in Pakistan: new evidence from the Markov switching model. Cogent Econ. Finance. 8(1), https://doi.org/10.1080/23322039.2020.1716446
  • Razvi, S. M., Jawad, & Yavari, Z. (2012). Interdisciplinary journal of Contemporary Research in business reviewing the effect of trade openness on human development. International economics, 4(6), 970-978.
  • Rivera-Batiz, L. A., & Romer, P. M. (1991). International trade with endogenous technological change. European Economic Review, 35, 971–1001.
  • Roller, L. H., & Waverman, L. (2001). Telecommunications Infrastructure and Economic Development: A Simultaneous Approach, American Development Review, 91(4), 909-923.
  • UNDP (United Nations Development Programme). (1990). Human Development Report 1990: Concept and Measurement of Human Development. New York
  • UNDP (United Nations Development Programme). (2016). Human Development Report 2016: Human Development for Everyone. New YorK

References

  • Abubakar, S. (2020). Institutional quality and economic growth: evidence from Nigeria. Afr. J. Econ. Rev. 8(1), 48–64.
  • Alexiou C., Tsaliki P., Osman H. R. (2014). Institutional quality and economic growth: empirical evidence from the Sudanese economy. Econ. Ann, LIX(203), 119–137.
  • Barro, R. J., & Sala-i- Martin, X. (1997). Technological diffusion, convergence, and growth. Journal of Economic Growth, 2(1), 1–26. https://econpapers.repec.org/RePEc:fth:yalegr:735
  • Bende-Nabende, A. and J. L. Ferd (1998). FDI, Policy Adjustments and Endogenous Growth Multiplier Effects from a Small Dynamic Model for Taiwan 1959-1995. World Development, 26,115-130.
  • Ekanayake, E. M., & Thaver, R. (2021). The Nexus between financial development and economic growth: Panel Data Evidence from developing countries. Journal of Risk and Financial Management 14, 489.
  • Federek, j., & LuIZ, J. (2006). Infrastructural investment in long-run economic growth: South Africa 1875–2001, World Development, 34(6), 1037-1059, DOI:10.1016/j.worlddev.2005.11.004
  • Gorg, H., & Greenway, D. (2004). Much ado about nothing? Do domestic firms really benefit from foreign direct investment? World Bank Research Observer 19, 171-197.
  • Hamdi, H., & Hakimi, A. (2021). Trade openness, foreign direct investment, and human development: A Panel Cointegration Analysis for MENA Countrie. T he International trade Journal, 36(4, 4-12. DOI:10.1080/08853908.2021.1905115
  • Hermes, N., & Lensink, R. (2003). Foreign direct investment, financial development and economic growth. Journal of Development Studies, 40(1), 142– 163. https://doi.org/10.1080/00220380412331293707
  • Hirschman, A. O., & Lindblom, C. E. (2007). Economic development, research and development, policy making: Someconverging views. Behavioral Science, 7(2), 211– 222. https://doi.org/10.1002/bs.3830070206
  • Islam, M. S., & Alhamad, I. A. (2022). Impact of financial development and institutional quality on remittance-growth nexus: evidence from the topmost remittance- earning economies. Heliyon, 8(12), e11860. https://doi.org/10.1016/j.heliyon.2022.e11860
  • Jawaid, S. T., & Waheed, A. (2017). Contribution of International Trade in Human Development of Pakistan. Global Business Review, 18(5), 1155– 1177. https://doi.org/10.1177/0972150917710345
  • Kaidi, N., & Mensi, S., & Amor, M. B. (2019). Financial Development, Institutional Quality and Poverty Reduction: Worldwide Evidence. Social Indicators Research: An International and Interdisciplinary. Journal for Quality-of-Life Measurement, 141(1), 131- 156.
  • Khan, M. A., Siddique, A., & Sarwar, Z. (2020). Determinants of non-performing loans in the banking sector in developing state. Asian Journal of Accounting Research 5, 135–45.
  • Kim, S. (1995). Expansion of markets and the geographic distribution of economic activities: the trends in US regional manufacturing structure, 1860-1987. The Quarterly Journal of Economics, 110(4), 881- 908
  • Levine, R. L. (1997). Financial Development and Economic Growth: Views and Agenda. Journal of Economic Literature, 35(2), 688– 726. https://econpapers.repec.org/RePEc:aea:jeclit:v:35:y:1997:i:2:p:688-726
  • Li, X., & Liu, X. (2005). Foreign Direct Investment and Economic Growth: An Increasingly Endogenous Relationship. World Development, 33(3), 393– 407. https://doi.org/10.1016/j.worlddev.2004.11.001
  • Marcelin, I., Egbendewe, A. Y., Oloufade, D. K., & Sun, W. (2021). Financial inclusion, bank ownership, and economy performanceEvidence from developing countries. Finance Research Letters, 46, 102322. https://doi.org/10.1016/j.frl.2021.102322
  • Radulović, M. (2020). The impact of institutional quality on economic growth: A comparative analysis of the EU and non-EU countries of Southeast Europe. Ekonomski Anali, 65(225), 163– 181. https://doi.org/10.2298/eka2025163r
  • Nguyen, C. P., Su, T. D., & Nguyen, T. (2018). Institutional Quality and Economic Growth: The Case of Emerging Economies. Theoretical Economics Letters, 08(11), 1943– 1956. https://doi.org/10.4236/tel.2018.811127
  • Olanrewaju, G. O.,Tella, S. A., & Adesoye, B. A. (2019). Institutional Quality, Financial Inclusion and Inclusive Growth: Causality Evidence from Nigeria, Economic and Financial Review , 57(3), 1-22.
  • Papageorgiou, C., Savvides, A., & Zachariadis, M. (2007). International medical technology diffusion. Journal of International Economics, 72(2), 409–427. https://doi.org/10.1016/j.jinteco.2006.09.008
  • Rahman A., Khan M. A., & Charfeddine L.(2020). Financial development–economic growth nexus in Pakistan: new evidence from the Markov switching model. Cogent Econ. Finance. 8(1), https://doi.org/10.1080/23322039.2020.1716446
  • Razvi, S. M., Jawad, & Yavari, Z. (2012). Interdisciplinary journal of Contemporary Research in business reviewing the effect of trade openness on human development. International economics, 4(6), 970-978.
  • Rivera-Batiz, L. A., & Romer, P. M. (1991). International trade with endogenous technological change. European Economic Review, 35, 971–1001.
  • Roller, L. H., & Waverman, L. (2001). Telecommunications Infrastructure and Economic Development: A Simultaneous Approach, American Development Review, 91(4), 909-923.
  • UNDP (United Nations Development Programme). (1990). Human Development Report 1990: Concept and Measurement of Human Development. New York
  • UNDP (United Nations Development Programme). (2016). Human Development Report 2016: Human Development for Everyone. New YorK

Cite this article

APA

    APA : Nasir, N. M., Ali, N., & Khan, T. F. (2022). Role of Institutional Quality, Financial Development, and Industrialization in Human Development of Selected Asian Countries. Global Social Sciences Review, VII(IV), 89-96. https://doi.org/10.31703/gssr.2022(VII-IV).10

CHICAGO

    CHICAGO : Nasir, Najeeb Muhammad, Nasir Ali, and Tanvir Farooq Khan. 2022. "Role of Institutional Quality, Financial Development, and Industrialization in Human Development of Selected Asian Countries." Global Social Sciences Review, VII (IV): 89-96 doi: 10.31703/gssr.2022(VII-IV).10

HARVARD

    HARVARD : NASIR, N. M., ALI, N. & KHAN, T. F. 2022. Role of Institutional Quality, Financial Development, and Industrialization in Human Development of Selected Asian Countries. Global Social Sciences Review, VII, 89-96.

MHRA

    MHRA : Nasir, Najeeb Muhammad, Nasir Ali, and Tanvir Farooq Khan. 2022. "Role of Institutional Quality, Financial Development, and Industrialization in Human Development of Selected Asian Countries." Global Social Sciences Review, VII: 89-96

MLA

    MLA : Nasir, Najeeb Muhammad, Nasir Ali, and Tanvir Farooq Khan. "Role of Institutional Quality, Financial Development, and Industrialization in Human Development of Selected Asian Countries." Global Social Sciences Review, VII.IV (2022): 89-96 Print.

OXFORD

    OXFORD : Nasir, Najeeb Muhammad, Ali, Nasir, and Khan, Tanvir Farooq (2022), "Role of Institutional Quality, Financial Development, and Industrialization in Human Development of Selected Asian Countries", Global Social Sciences Review, VII (IV), 89-96

TURABIAN

    TURABIAN : Nasir, Najeeb Muhammad, Nasir Ali, and Tanvir Farooq Khan. "Role of Institutional Quality, Financial Development, and Industrialization in Human Development of Selected Asian Countries." Global Social Sciences Review VII, no. IV (2022): 89-96. https://doi.org/10.31703/gssr.2022(VII-IV).10